Best Banks for Car Loan in Amethi
| Feature | HDFC Bank | Private Bank |
Kotak Mahindra Bank
|
| Interest Rate (p.a.) | 7.35 % - 7.95 % | 8.5 % - 9.5 % | 11 % |
| Min Loan Amt | Metro : 1 Lac & Non Metro: 75000 | 75000 | 75000 |
| Max Loan Amt | 1 Cr | 1 Cr | 1 Cr |
| Loan Tenure | Upto 7 Years | Upto 5 Years | Upto 5 Years |
| Processing Fee | 1999 - 4999 + Tax | 0.25% to 1.50% | 0.25% to 1.50% |
| Preclosure Chgs | 2%, Nil after 24 months | 2%, Nil after 36 months | Nil |
| Loan to Value (LTV) | Upto 100% on Ex- showroom | Upto 95% on Ex- showroom |
Upto 90% on Ex- showroom
|
Car Loan Amethi Features
Want to buy a car? But don’t have enough money? Don’t worry. We Dialabank got your back, Dialabank help customers to compare, analyze, and choose the best loan possible.
A car loan is a financial helps provided by banks and NBFC’s to fulfill your dream of having your car. They provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. A Car loan is a secured loan with easy repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments.
Car Loan Amethi Interest Rate
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
IIFL Car Loan
Nil
Nil
Muthoot Car Loan
Nil
Nil
Manappauram Car Loan
Nil
Nil
PNB Car Loan
0.70% to 1%
Nil
Canara Bank Car Loan
0.01
Nil
Andhra Bank Car Loan
Nil
Nil
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Amethi Documents Required
Documents required for car loan are as followed:
For Salaried Employee
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License of the applicant
- Income Proof: Latest 3-months salary slip with form 16 of the applicant
- Address Proof: Ration card/Driving license/Voters card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance Policy/PAN Card of the applicant
- Bank Statement: Last six months bank statement of the applicant
For Self Employed
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License of the applicant
- Income Proof: Latest Income Tax Report of the applicant
- Address Proof: Ration card/Driving license/Voters card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance Policy/PAN Card of the applicant
- Bank Statement: Last six months bank statement of the applicant
Car Loan Amethi Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried Employee
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- Minimum employment: For Salaried- 1 year in current employment and a minimum of 2 years of employment
- For Self Employed– at least 3 years in business
- Minimum Annual Income: For Salaried Rs 100000 net annual income
- For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 per annum for mid-sized and premium cars
For Self Employed
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- Minimum employment: At least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 per annum for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Amethi
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Amethi
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Amethi
Every lending institution has its criteria for the minimum CIBIL score required for processing the Car Loan application in Amethi so that they can minimize the risk of lending to you and also if your CIBIL score is low you get an interest rate at a much high-interest rate than others. Most institutions require a minimum score of CIBIL of 750 or above to process your loan application. Also having a good CIBIL score helps to loans at a cheaper rate of interest.
The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.
Car Loan Amethi Contact Number
You can get a car loan Amethi easily from dialabank by contacting the number 9878981166. Or you can also visit Dialabank website for more information.
Pre Calculated EMI Table for Car Loan Amethi
Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466
About Amethi
Amethi is a town in the Indian state of Uttar Pradesh. It is a major town of the Amethi district, in the Faizabad division. The Hanumangarhi temple is located near the town.
The town is part of the Amethi Lok Sabha constituency, which became reputed as a stronghold of the Indian National Congress party. The Congress leaders belonging to the Nehru-Gandhi family won several elections from Amethi during 1980-2014.
As of the 2011 Indian Census, Amethi had a total population of 13,530.
Car Loan EMI Calculator
Car loan EMI can be calculated by the Car loan EMI Calculator provided by Dialabank. It is free to use and you can use it an infinite number of times. Equated Monthly Installments(EMI) is the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on the profile, the interest rate on the loan is determined. EMI is calculated based on the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the car loan.
Other Cities For Car Loan In Uttar Pradesh
| Car Loan Aligarh | Car Loan Roorkee |
| Car Loan Agra | Car Loan Rishikesh |
| Car Loan Sitarganj | Car Loan Ramnagar |
| Car Loan Rudrapur | Car Loan Nainital |
